Topic: The Edge Financial Daily

KUALA LUMPUR (Sept 13): Hong Leong Group has officially announced its US$1.2 billion (RM5.01 billion) acquisition of Columbia Asia Hospitals in South East Asia, confirming a report by The Edge Financi...

Malayan United Industries Bhd (MUI) still views its 35.17% equity investment in Laura Ashley Holdings plc as a viable one, even though the British retailer has been in the red for its past two financi...

SUBANG JAYA: Apex Healthcare Bhd, which currently sells only 10% of its products to the government sector, is all set to boost the percentage following the completion of its new manufacturing plant in...

KUALA LUMPUR: Leong Hup International Bhd is hoping for a quick turnaround after suffering a 76% plunge in second-quarter (2Q) net profit, but there are some doubts due to a chicken meat glut in Indon...

KUALA LUMPUR (Spet 6): The government has decided to terminate the project delivery partner (PDP) agreement for the Sarawak portion of the Pan Borneo Highway project although nearly half of the first ...

KUALA LUMPUR: The government has decided to terminate the project delivery partner (PDP) agreement for the Sarawak portion of the Pan Borneo Highway project although nearly half of the first phase has...

KUALA LUMPUR (Sep 3): The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein in defiant ones who de...

KUALA LUMPUR: There are expectations of another 25-basis-point cut in interest rates by year end as the global economic outlook becomes gloomier as a result of rising trade tensions between China and ...

KUALA LUMPUR: The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein in defiant ones who delay the ...

KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war f...

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC), the main contractor of the Penang Major Roads and Third Link development, has come out to explain the progress of the feasibility s...

KUALA LUMPUR: Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for strugg...

KUALA LUMPUR (Aug 27): The lawyer for Umno legal adviser Datuk Mohd Hafarizam Harun has requested for more details concerning the charges against the latter for his alleged involvement in laundering R...

KUALA LUMPUR (Aug 26): Having already met its order book replenishment target of RM1.2 billion for 2019, construction firm Kerjaya Prospek Group Bhd is expected to see a significant rise in job wins t...

KUALA LUMPUR: Having already met its order book replenishment target of RM1.2 billion for 2019, construction firm Kerjaya Prospek Group Bhd is expected to see a significant rise in job wins this year ...

KUALA LUMPUR: REDtone International Bhd expects its loss-making industry digital service (IDS) business to turn around and help improve the group’s overall financial performance in the current finan...

KUALA LUMPUR (Aug 21): The MCA clarified yesterday that it has no immediate plans to demolish and rebuild its headquarters (HQ) at Wisma MCA, Jalan Ampang here, though it admitted it had sought a deve...

KUALA LUMPUR (Aug 20): The MCA clarified today that it has no immediate plans to demolish and rebuild its headquarters (HQ) at Wisma MCA, Jalan Ampang here, although it admitted it has sought a develo...

PETALING JAYA: MCA today expressed disappointment with Kuala Lumpur City Hall (DBKL) after it was reported that it had granted conditional approval for their application to increase the plot ratio of ...

KUALA LUMPUR (Aug 20): Former prime minister Datuk Seri Najib Razak (pictured) had never denied the signatures on documents related to his personal AmBank accounts which received and transferred RM42 ...

KUALA LUMPUR, Aug 19 — MCA is believed to be scrapping redevelopment plans for its headquarters on Jalan Ampang, which initially featured a 45-storey building, The Edge Financial Daily reported toda...

THE Malaysian Chinese Association (MCA) is believed to have resubmitted a fresh plan on the redevelopment of its headquarters on Jalan Ampang, which is less than 1km away from the Petronas Twin Towers...

Genting Malaysia Bhd has come out to defend its purchase of a 35% stake (fully diluted) in Empire Resorts Inc, a financially troubled US casino, from Kien Huat Realty III Ltd, which is left with an es...

KUALA LUMPUR: Orders from Apple Inc have been a boon to semiconductor players, due to the popularity of the company’s iPhone over the last decade, but with the declining sales of the smartphone, inv...

THE Malaysian Chinese Association (MCA) is believed to have resubmitted a fresh plan on the redevelopment of its headquarters on Jalan Ampang, which is less than 1km away from the Petronas Twin Towers...

KUALA LUMPUR: The Edge Communications Sdn Bhd was awarded another half a million ringgit in exemplary damages, in addition to RM11.2mil in compensatory damages for loss of revenue, due to the three-month suspension of its two publications by the Home Ministry in 2015.

KUALA LUMPUR: The High Court here has awarded another half a million in exemplary damages to The Edge Communications Sdn Bhd in addition to a RM11.2mil compensatory damages for loss of revenue due to the three-month suspension of its two publications by the Home Ministry in 2015.

KUALA LUMPUR (Aug 13): After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow sui...

KUALA LUMPUR: IJM Plantations Bhd, which suffered losses in its last financial year as the palm oil industry was buffeted by what its managing director and chief executive officer Joseph Tek termed th...

KUALA LUMPUR: After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow suit in the ...

The Education Ministry under Maszlee Malik (photo, above) has been bogged down by one controversy after another, ranging from black shoes to matriculation and most recently the khat issue, but compreh...

KUALA LUMPUR (Aug 5): Shares in low cost carrier AirAsia Group Bhd and its associate AirAsia X Bhd (AAX) fell this morning as it emerged they could still face financial penalties for charging its cu...

KUALA LUMPUR: Low-cost carrier AirAsia Group Bhd and its associate AirAsia X Bhd (AAX) could still face financial penalties for charging its customers a processing fee when they purchased air tickets ...

KUALA LUMPUR: The US Federal Reserve’s (Fed) first interest rate cut in over a decade failed to lift sentiment in the local stock market yesterday while the ringgit weakened against the greenback, a...

KUALA LUMPUR: A merger between the insurance arm of RHB Bank Bhd and Tokio Marine Insurans (M) Bhd is set to create the second largest general insurer in the country, with a combined gross written pre...

KUALA LUMPUR: Small and medium enterprises (SMEs) see Bank Negara Malaysia (BNM) loosening lending guidelines for the segment as just a temporary measure compared to wider structural issues they are f...

KUALA LUMPUR (July 26): Shares in MSM Malaysia Holdings Bhd surged as much as 14.5% this morning after it was revealed that its 51%-shareholder FGV Holdings Bhd has been in talks to sell part of its s...

KUALA LUMPUR (July 25): The master developer of the Kuala Lumpur Vertical City project is suing the Federal Land Development Authority (Felda) (pictured) and its investment arm, Felda Investment Corp ...

KUALA LUMPUR (July 22): It is a big relief to many, particularly Penangnites, when the federal government confirmed the project to expand the capacity of the Penang International Airport (PIA) to 20 m...

KUALA LUMPUR: To support its scaling-up objective, pharmaceutical player Adventa Bhd is set to exit its sterilisation business and fully focus on growing its core healthcare business, both organically...

KUALA LUMPUR: Set on the plan to take Yee Lee Corp Bhd private, the 50-year old Ipoh-based trading company will not take steps to address the shortfall in its public shareholding spread, which arose a...

KUALA LUMPUR: It is a big relief to many, particularly Penangnites, when the federal government confirmed the project to expand the capacity of the Penang International Airport (PIA) to 20 million pas...

KUALA LUMPUR (July 19): The FBM KLCI closed 9.26 points or 0.56% higher today on bargain hunting and after markets took New York Federal Reserve President John Williams' speech as a hint of a potentia...

KUALA LUMPUR (July 18): Scomi Group Bhd said Bursa Malaysia Securities Bhd has approved the oil and gas support services provider's request for trading suspension of its shares with effect from 9am to...

KUALA LUMPUR (July 17): Najah Air Sdn Bhd, which is seeking funding to support its takeover bid for Malaysia Airlines Bhd, is looking to woo Japanese conglomerate SoftBank Group Corp as a seed investo...

KUALA LUMPUR: Najah Air Sdn Bhd, which is seeking funding to support its takeover bid for Malaysia Airlines Bhd, is looking to woo Japanese conglomerate SoftBank Group Corp as a seed investor in the s...